Anglo Pacific Share Discussion Threads

[noslien] 22/3/2013 14:14

Big fall, can't see any particularly bad news to warrant this. Am I missing something?

[gavapentin] 20/3/2013 17:27

Thanks for your input QP

[quepassa] 20/3/2013 16:35

Post 6117 refers.

It appears that you have lowered your target in just one month from 340p to 300p.

Going up gradually?? Are you holding the graph upside down by any chance??

This share has been trending down and continues to do so.

The recent share price performance speaks volumes.

ALL IMO. DYOR.

QP

[christh] 20/3/2013 16:18

Now great opportunity to buy, heavily oversold.
Going up gradually, pattern repeated.


300p soon.

[quepassa] 20/3/2013 14:59

Sub 250p on the bid now. And share price continuing to look extremely weak.

It would be helpful if there weren't any director valuations whatsoever on parts of the portfolio.

In the current climate, the development investments look more vulnerable.

ALL IMO. DYOR.

QP

[haydock] 12/3/2013 18:21

His dad.
We all have our problems in the family, no doubt he will win some loose some.

I hope you are all following the revalations on the CDN. coal opening up in B.C. on Piedro's thread.



Thats the stuff long forgotten about, by the media & the financial press.
On the balence sheet for £2m

APF is primarily a holder of coal royalties in Austrailia and more recently in Spain and a potentially huge one in Canada

Groundhog is coming to the fore again, physically, if not in the APF notes.

Piedro's thread:

[quepassa] 12/3/2013 14:26

I suppose asset prices could go down like coal and gold for example.

Is Lord Rothschild in the same family branch as Nat Rothschild? The shareholders who backed him in Bumi don't have so much to smile about. Coal again.

ALL IMO. DYOR.

QP

[haydock] 11/3/2013 20:32

I always take great interest in the Chairman's report of RIT Cap partners.

It is an I/Trust & an absolute fund, with a similar outlook to the directors of APF, in my opinion.

Lord Rothchild chooses his every word with great care & this is an extract.
Since it went to press only a day or so later than this Times article, he must have been mightily impressed.

For the moment, as Mr John Authers wrote in the
Financial Times recently, "there is nowhere for asset
prices to go but upwards". The central banks are
creating money on an epic scale - the US Federal
Reserve by $85 billion a month upon a total US
government debt that has already topped sixteen
trillion dollars. The US yield curve is now steep. The
Eurozone's central bank finally loosened its money tap
during 2012. UK government debt, as a further
example, will have doubled by 2017 from its high
level in 2010 when its current government was
elected, pledged to impose "austerity". Japan's
recently elected prime minister is dedicating himself
to a Keynesian experiment.
All such official actions carry vast eventual risk. The
snag being that nobody can tell you when that
"eventual" moment will be or what political
maelstrom might trigger it.
What we do recognise is that the existential risk
appears to have reduced.

[nielsc] 11/3/2013 17:20

Yup you said it. APF has weathered the last couple of years pretty well. I will be hanging in as I see gold as having a very good run at some point reasonably soon. Uranium resurgence at some point too. Maybe a bit further out than gold.Cheers,Niels

[quepassa] 11/3/2013 15:42

I guess the article on page 4 in the Money section of the 9th. March FT Weekend edition says a lot about market sentiment:-

"Of the ten worst performing funds in February, six were gold or natural resources funds according to FundExpert.co.uk".

Full article worth reading, although not encouraging about the sector.

Not a happy place to be.

ALL IMO. DYOR.

QP

[haydock] 11/3/2013 10:50

CANADA

Prince Rupert rail/road expansion to boost Canada's Asian trade capacity

Coal, potash and other commodities hope to benefit from a major C$90 million road, rail and utility corridor along British Columbia's North Coast.





Related Stories

Mining, infrastructure needed to help Canada stay competitive - BC Premier


Author: Dorothy Kosich
Posted: Monday , 11 Mar 2013

RENO (MINEWEB) -



Construction has begun to build a C$90 million road, rail and utility corridor at the Port of Prince Rupert in northern British Columbia, which will boost Canada's trade capacity and exports to Asia-Pacific markets.

The project includes construction of five parallel rail tracks, a two-lane roadway, and a port-owned power distribution system along an eight kilometer corridor that will enable expansion of existing export facilities. This will provide shared infrastructure for proposed potash, natural gas and other terminals on the Ridley Island industry site at the port.

"This project will connect Canada's proven capacity for resource production to growing markets in the Asia-Pacific region and is the largest in Prince Rupert since construction of the Fairview Terminal," said Bud Smith, chairman of the board of the Prince Rupert Authority. "We are integrating the new terminals into world-class service and security architecture at the Port of Prince Rupert." Through our increasingly diversified port complex, the Canadian resources sector will be linked through a world of opportunity."

Ridley Terminal, located south of Prince Rupert, was originally built to provide export facilities for metallurgical and thermal coal in northeastern British Columbia. According to the Prince Rupert Port Authority, 11.5 million tonnes of coal were shipped out of Ridley Terminals last year. Ridley Terminals is currently looking to expand its coal capacity from 12 million tonnes to 25 million tonnes a year.

Ridley is also an important shipping point for potash and other commodities. Among the proposed new Ridley Island projects are a potash export terminal, being advanced by Saskatchewan potash marketing and logistics company Canpotex, that will have the capacity to provide a throughput of 13 million tonnes annually.

Karina Brino, president of the Mining Association of British Columbia, told the Vancouver Sun, the road and rail corridor project is "absolutely critical" for B.C. mining. "When you look at the whole picture, it's not just getting the permits, it's not just getting the people; it's also access to infrastructure-power, rail, ports. If our products are not able to gain access to markets, we are really losing the battle."

The C$90 million utility coordinator is being funded jointly by the governments of Canada and British Columbia, which contributed C$15 million each, and the CN [Canadian National Railway] and the Prince Rupert Port Authority, who have each committed C$30 million.








.

[haydock] 11/3/2013 10:40

TGR: Do you believe more companies will make the move into royalties?

KAL: I believe so. There are a number of junior royalty companies out there, but they have one-off assets or may not be in production for many years. I could see some consolidation in the space to gain some sort of critical mass.

TGR: What size is the sweet spot for projects right now?

KAL: I think anywhere from 100–300 Koz/year for gold with capex under $600M.

TGR: Thanks, Kwong, for your insights.

Kwong-Mun Achong Low is a mining analyst with Jennings Capital with a focus on precious metal equities. He previously worked at a Canadian bank owned dealer and at a U.S.-based brokerage. Achong Low obtained both his Master of Business Administration and Bachelor of Science degree in mechanical engineering from the University of Toronto. He is also a CFA charterholder.

Want to read more Gold Report interviews like this? Sign up for our free e-newsletter, and you'll learn when new articles have been published. To see a list of recent interviews with industry analysts and commentators, visit our Streetwise Interviews page.

[haydock] 11/3/2013 10:20

Brazil-focused nickel play Horizonte Minerals, steered by chairman David Hall and chief executive officer Jeremy Martin, engaged investors with upbeat presentations of prospects for the current year.



Canadian mining giant Teck Resources has 41 per cent of the Aim and Toronto-quoted company, which lost £2.4 million in 2012, but ended the year with £6 million cash. This ought to be enough to fund the company's programme for 2013, which will include a pre-feasibility study at the key Araguia project in Brazil's Carajas mining district.



Araguia contains an estimated resource of some 100 million tonnes, with an average grade of around 1.3% nickel and a preliminary economic assessment gave the project a net present value of US$693 million, and showed a projected internal rate of return of 15.4 per cent at nickel prices modestly better than today's.

[quepassa] 08/3/2013 18:42

You are welcome.

And weaker today still.

Re post 6117. Technical indicators would appear wrong.

And still no Director buying.


ALL IMO. DYOR.

QP

[gavapentin] 08/3/2013 17:35

Thanks for the update QP.

[curt3] 04/3/2013 10:20

maybe the floods in Queensland are dampening enthusiam on this one !! Last years figures showed how volitile the profits can be !!

[quepassa] 04/3/2013 10:12

Continuing to look very weak indeed.


ALL IMO. DYOR.

QP

[christh] 20/2/2013 10:53

A large buy 25,000 at 291p which is around £75,000.

News to come or a tip or a director Buy?

Well, the technical inicators point to 340p as the yearly patterns show.

[haywards26] 15/2/2013 09:22

Hi Shavian, that is not the first time Quesor have tipped APF. All positive though.

[shavian] 14/2/2013 22:48

Surprised that no one has mentioned that fact that APF was tipped by Questor in The Telegraph this morning, hence the sharp rise in interest today. Questor "likes the model and the long-term nature of the income streams".